€5,000,000 €3,571/m²

1400m² Building for Sale in Limassol District

Limassol district Posted 2 years ago Updated 3 months ago
1,400 m²Covered area
300 m²Plot
Pre-OwnedCondition
1991-2000Built
1st Class Homes Agency · Reg. 690 · Licence 367/E 6,667 for sale

About this home

Prime Investment Opportunity – Building for Sale in Central Limassol | €5,000,000
Presenting a rare opportunity to acquire a centrally located income-generating property in the heart of Limassol, just steps away from major universities and key amenities.
Property Details:

Plot Size: 300 m²
Total Covered Area: 1,400 m²
Configuration: 30 fully equipped apartments + 1 ground-floor restaurant
Current Rental Income: €14,000/month (leased by the government until end of 2024)
Target Tenants: University students
ROI: Guaranteed return of approximately 3% annually

This turnkey asset offers immediate returns with stable occupancy and high rental demand due to its strategic location near educational institutions. Ideal for investors seeking a low-risk, income-producing property with potential for long-term capital appreciation.
Highlights:

Prime city-center location
Fully tenanted and managed
Solid rental history
Strong student demand
Government-backed lease through 2024

TranslateΜετάφρασηПеревестиתרגום
Reference
15087
Property type
Building
Plot area
300 m²
Construction year
1991-2000
Title deed
Has Title

What it will really cost

Asking price€5,000,000
Title transfer fee ~€196,600
Title deedHas Title
Estimated total€5,196,600
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

11% below
average

At €3,571/m² compared with an average €3,993/m² across 459 similar listings — building in Limassol.

Asking price per m²This home
Average €3,993 This home €3,571
€1,500€5,537€9,573
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